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TarotTarotby0x5b0390bccCa1F040d8993eB6e4ce8DeD937217650x5b03…1765

TIP-006: Direct Pool Voting

Voting ended about 4 years agoSucceeded

Author(s): @TigrisOfGaul

Summary

This proposal seeks to enable xTAROT holders to vote on the allocation of farming incentives to pools in the Tarot Farming Rewards program in a more direct manner.

Abstract

If adopted, the farming emissions for pools may be decided by xTAROT holders through a weighted voting system on Snapshot. Holders of xTAROT would have the option of voting to allocate TAROT rewards to a set of farming pools, and the aggregate distribution from all xTAROT voting weight would be used to determine the allocation of TAROT rewards to these pools.

Motivation

This proposal helps further decentralize the Farming Rewards program by creating a mechanism for direct, granular voting on farm weight adjustments, and also serves to increase the utility of xTAROT for stakeholders. We anticipate this mechanism may also facilitate a way for protocols in the Fantom ecosystem to bring liquidity to Tarot and vote on farming incentives for their own pools by holding xTAROT.

Rationale

In the future, we anticipate farm weight adjustments will be automatically adopted and deployed by an on-chain governance system. This proposal is the first step in architecting an automated, on-chain voting mechanism to control farm weights, parameter configuration, and lending pools in the Tarot Protocol.

Specification

Should we enable direct, granular voting for farm weight adjustments?

Off-Chain Vote

Yes, proceed
1.32M 100%
No, do not proceed
0 0%
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Timeline

Feb 11, 2022Proposal created
Feb 12, 2022Proposal vote started
Feb 14, 2022Proposal vote ended
Oct 26, 2023Proposal updated